ALVAREZ GAS UNIT
ALVAREZ GAS UNIT is a Texas gas lease in Zapata County, Railroad Commission district 04, operated by Transtexas Gas Corporation. It has 1 wellbore on file with the Commission. Reported production runs from February 1996 to August 2026, totalling 3,157,889 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $800K, with roughly $135K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 6,006 thousand cubic feet a month. Its strongest month on the record we hold was April 2019, at 14,076 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about ALVAREZ GAS UNIT
- Who operates ALVAREZ GAS UNIT?
- ALVAREZ GAS UNIT is operated by Transtexas Gas Corporation, Railroad Commission of Texas operator number 864889.
- Where is ALVAREZ GAS UNIT?
- ALVAREZ GAS UNIT is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 160338.
- Is ALVAREZ GAS UNIT still producing?
- ALVAREZ GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ALVAREZ GAS UNIT is August 2026.
- How much has ALVAREZ GAS UNIT produced?
- ALVAREZ GAS UNIT has reported 3,157,889 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 1996 and August 2026, from 1 wellbore.
- How much is ALVAREZ GAS UNIT worth?
- The remaining production from ALVAREZ GAS UNIT is estimated to be worth about $800K in total as of 27 August 2026, within a range of $664K to $936K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ALVAREZ GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production ALVAREZ GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ALVAREZ GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does ALVAREZ GAS UNIT generate in a year?
- ALVAREZ GAS UNIT is forecast to net about $135K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ALVAREZ GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Transtexas Gas Corporation |
|---|---|
| Field | Bob West, North (12,900) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 160338 |
| Wellbores | 1 |
| Reported production | 3,157,889 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $800K |
Where ALVAREZ GAS UNIT sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.